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93.31 Coowners to share in benefit of original owner.

If the delinquent coowner, before the expiration of the time, shall refuse or fail to contribute and pay the proportionate share due, together with the interest and cost of publication, as and when herein and in the notice provided, the delinquent's coowners interest in the lease shall thereafter become the property of and belong to the coowner making the payment and the other coowners thereof, if any, who shall within ten days after the expiration of the 90 days pay their share of the amount due under the notice, represented by their respective interests in the lease, with the same force and effect, as to the delinquent's interest in the lease, as if the lease, as to the delinquent's interest, had been forfeited and canceled by the state of Minnesota and a new lease on the same terms and conditions as the old lease had been issued by the state of and for the delinquent's share therein to the coowner or coowners making the payment. The coowners so contributing and paying within ten days shall share in the interest of the coowner so forfeited in proportion to their then respective interests in the lease.

HIST: (6421) 1915 c 303 s 2; 1986 c 444

Official Publication of the State of Minnesota
Revisor of Statutes